Rich Dad, Poor Dad: Mastering Financial Intelligence for Wealth and Success" Rich Dad, Poor Dad: Mastering Financial Intelligence for Wealth and Success"
M.k Butinini

M.k Butinini

23 Feb 2023

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Rich Dad Poor Dad" is a book by Robert Kiyosaki that advocates financial education, independence, and building wealth through investing in assets. The book uses the story of two fathers, "Poor Dad" (Kiyosaki's biological father) and "Rich Dad" (his best friend's father), to illustrate the difference in their approach to money and investing.

Poor Dad believed in the traditional path of working hard, getting an education, and relying on job security and a steady paycheck to build wealth. He focused on saving money, living frugally, and avoiding debt.

Rich Dad, on the other hand, believed in financial education, entrepreneurship, and investing in assets that produce cash flow. He taught Kiyosaki about the importance of financial literacy, the power of passive income, and the difference between assets and liabilities.

The book discusses the importance of financial education and the need to overcome limiting beliefs and fears around money. Kiyosaki advocates for taking calculated risks and embracing failure as a learning opportunity on the path to financial independence.

Overall, "Rich Dad Poor Dad" is a motivational and informative book that encourages readers to take control of their finances, break free from traditional thinking, and build wealth through smart investments and entrepreneurship.

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M.k Butinini
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M.k Butinini

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